Powerball Jackpot grows to $360 million

by jmaloni

Press release

Tue, May 14th 2013 05:10 pm

The
jackpot for Wednesday night's Powerball drawing has increased to
$360 million, just $5 million shy of the second highest jackpot in
Powerball history. The midday bump reflects very strong sales across
all participating Lottery jurisdictions.

If
no one matches all five numbers plus the Powerball in Wednesday
night's drawing, the jackpot will continue to grow into record
territory. The largest jackpot in Powerball history was drawn on Nov.
28, 2012. Two winning tickets for that $587 million jackpot were sold
in Missouri and Arizona.

Tickets
for Wednesday's $360 million Powerball jackpot can be purchased
until 9 p.m. on the date of the drawing.

The
New York Lottery continues to be North America's largest and most
profitable Lottery, contributing nearly $2.9 billion in fiscal year
2011-12 to help support education in New York state. The Lottery's
contribution represents nearly 15 percent of total state education
aid to local school districts.

New
York Lottery revenue is distributed to local school districts by the
same statutory formula used to distribute other state aid to
education. It takes into account both a school district's size and
its income level; larger, lower-income school districts receive
proportionately larger shares of Lottery school funding.

The
New York State Gaming Commission regulates all aspects of gaming and
gambling activity in the state, including horse racing and
pari-mutuel wagering, class III Indian gaming, video lottery terminal
facilities at race tracks, the state lottery and charitable gaming.